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According to Zimmels (1983), the sizes of particles used in sedimentation experiments often have a uniform distribution. In sedimentation involving mixtures of particles of various sizes, the larger particles hinder the movements of the smaller ones. Thus, it is important to study both the mean and the variance of particle sizes. Suppose that spherical particles have diameters that are uniformly distributed between .01 and .05 centimeters. Find the mean and variance of the volumes of these particles. (Recall that the volume of a sphere is (4/3)πr3)
First Bank has total deposits of $2,000,000 and legal reserves of $220,000. a. If the reserve requirement is 10 percent, what is the maximum loan that First Bank can make, and what is the maximum increase in the money supply based on First Bank's res..
suppose there are nine sellers and nine buyers each willing to buy or sell one unit of a good with values 10 9 8 7 6 5
Propose two applications of the knowledge that you have learned in this course to your current or a future position. Provide a rationale for your response.
What are the current monetary policy goals?
1-nbsp consider the one-variable regression model yi betao beta1x1i ui and suppose that it satisfies the classical
When appropriate, the optimal solution to a maximization linear programming problem can be found by graphing the feasible region and: finding the profit at every corner point of the feasible region to see which one gives the highest value.
Catching illegal parkers is expensive. Exactly how often do you have to catch illegal parkers, before they will buy the $63 parking permit instead? (Hint: Set EU legal = EU illegal and solve for p, the probability).
What kind of experiment could a firm conduct to determine the demand curve it faces - how can the firm use the information contained in an Engel Curve and government forecasts of income to predict future demand?
The evidence on the supply curve of financial capital is controversial, however at least in the short run, the elasticity of savings with respect to the interest rate appears to be __________.
What is the difference between opportunity and efficiency costs?
you are the manager of a small pharmaceutical company that received a patent on a new drug three years ago patents in
If the nominal GDP is $559 billion in the base year, and it rises to 577 in year 1, and 605 in year 2, what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2?
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